Lockdowns failed to alter the course of pandemic and are now destroying millions of livelihoods worldwide, JP Morgan study claims

JP Morgan research said infection rates had fallen since lockdowns were eased

It suggested the virus ‘has its own dynamics’ which are ‘unrelated’ to lockdowns

Report said they were imposed with little thought of ‘economic devastation’

Coronavirus lockdowns have failed to alter the course of the pandemic but have instead ‘destroyed millions of livelihoods’, a JP Morgan study has claimed.

Falling infection rates since lockdowns were lifted suggest that the virus ‘likely has its own dynamics’ which are ‘unrelated to often inconsistent lockdown measures’, a report published by the financial services giant said.

Denmark is among the countries which has seen its R rate continue to fall after schools and shopping malls re-opened, while Germany’s rate has mostly remained below 1.0 after the lockdown was eased.

The report also shows many US states including Alabama, Wisconsin and Colorado enjoying lower R rates after lockdown measures were lifted.

Author Marko Kolanovic, a trained physicist and a strategist for JP Morgan, said governments had been spooked by ‘flawed scientific papers’ into imposing lockdowns which were ‘inefficient or late’ and had little effect.

‘Unlike rigorous testing of new drugs, lockdowns were administered with little consideration that they might not only cause economic devastation but potentially more deaths than Covid-19 itself,’ he claimed.

This graph published in a JP Morgan report shows that many countries saw their infection rates fall rather than rise again when they ended their lockdowns – suggesting that the virus may have its own ‘dynamics’ which are ‘unrelated’ to the emergency measures

A second graph shows a similar effect in the US, showing that many states saw a lower rate of transmission (R) after full-scale lockdowns were ended

The JP Morgan report includes graphs showing that ‘the vast majority of countries had decreased infection rates’ after lockdowns were lifted.

Infection rates have continued to decline even once a lag period for new infections to become visible is factored in, the report says.

A second graph shows a similar effect in the US, showing that many states saw a lower rate of transmission (R) after full-scale lockdowns were ended.

They included Colorado, Iowa, Alabama, Wyoming, Wisconsin and Mississippi, according to the chart, although not all states are included.

Nevada and North Dakota are among the exceptions which appear to have had a higher rate of transmission since normal life began to resume.

The R rate shows how many people each virus patient typically infects, and some countries regard a rate below 1.0 as a key indicator that the epidemic is in retreat.

‘While we often hear that lockdowns are driven by scientific models, and that there is an exact relationship between the level of economic activity and the spread of [the] virus – this is not supported by the data,’ the report says.

‘Indeed, virtually everywhere infection rates have declined after re-opening even after allowing for an appropriate measurement lag.

‘This means that the pandemic and Covid-19 likely have [their] own dynamics unrelated to often inconsistent lockdown measures that were being implemented.’

Those dynamics may be influenced by increased hand-washing and even weather patterns but seemingly not by full-scale lockdowns, the report suggests.

‘The fact that re-opening did not change the course of the pandemic is consistent with studies showing that initiation of full lockdowns did not alter the course of the pandemic either,’ it says.

An Oxford University professor has previously suggested that the crisis in Britain began falling from its peak before Boris Johnson ordered a lockdown on March 23.

Professor Carl Heneghan said last month that the peak of new cases had come on April 8, suggesting a peak of infection three weeks earlier around March 18.

The JP Morgan analysis linked the decision to impose lockdowns to ‘flawed scientific papers’ predicting millions of deaths in the West.

‘This on its own was odd, given that in China there were only several thousand deaths, and the mortality rate outside of Wuhan was very low,’ it says.

‘In the absence of conclusive data, these lockdowns were justified initially. Nonetheless, many of these efforts were inefficient or late.’

All 50 US states have at least partially reopened this week by relaxing restrictions on businesses and social distancing in varying degrees across the country

BoE governor says upcoming recession is ‘probably unprecedented’

In some European countries, studies suggest that the measures ‘did not produce any change in pandemic parameters’ such as the R rate, the JP Morgan report says.

Kolanovic says that lockdowns had remained in place even as ‘our knowledge of the virus and lack of effectiveness of total lockdowns evolved’.

‘At the same time, millions of livelihoods were being destroyed by these lockdowns,’ he writes.

Countries in lockdown are having to blow huge holes in their budgets to counter the economic standstill which is forcing millions of people into unemployment.

The report also cites ‘worrying populism’ as an obstacle to re-opening the economy, for example in the US where senators passed an anti-China measure this week.

It warns that economic activity in the US is ‘now largely following partisan lines’ as Republican and Democratic governors adopt different strategies for their states.

As well as casting doubt on the wisdom of imposing lockdowns in the first place, the report suggests that economies could now be re-opened more quickly.

Denmark is among the countries which has started re-opening its economy without seeing a new surge in virus cases.

Zoos, museums and cinemas have re-opened early in Denmark with many children now back at school after scientists said the R rate had continued to fall.

Germany has also been confident enough to scale back the lockdown after the R rate mostly stayed below 1.0 following an initial lifting of restrictions.

However, chancellor Angela Merkel has repeatedly urged caution and warned that a second wave of virus cases could leave hospitals overwhelmed.

The UK government has similarly warned that some restrictions could be re-imposed if there is a ‘sudden and concerning’ rise in new cases.

Between May 12 and May 19, in a rolling seven day average, Britain saw 5.75 deaths per million inhabitants. In Sweden the figure was 6.25 deaths per million, higher than the United States (4.17), France (3.49), Italy (3.0), Spain (2.95) and Germany (0.81)

Apocalyptic predictions from the Bank and England and others show the UK is on track for the worst recession in 300 years, when the Great Frost swept Europe

The World Health Organisation has urged ‘extreme vigilance’ about lifing lockdowns, saying there is ‘always the risk that the virus takes off again’.

WHO chief Tedros Adhanom Ghebreyesus said that some countries such as Germany and South Korea had systems in place to respond to a new surge.

However, Britain’s efforts to set up a tracking and tracing system have been hampered by delays in rolling out the necessary app.

Tedros said that a ‘comprehensive package of measures’ is needed until a vaccine becomes available, which is likely to be many months away at least.

It is not yet fully clear how many people have been infected or to what extent they are now immune, but most people remain susceptible.

Some vaccine projects have already begun testing humans, including at Oxford University.

Up to 1,102 participants have been recruited across multiple study sites in Oxford, Southampton, London and Bristol, although results are not expected for weeks.

Imperial College London is also progressing with its vaccine candidate and will look to move into clinical trials by mid-June, with larger scale trials in October.

However, experts and politicians warn there is no guarantee that an effective vaccine will ever be developed.

Even if it is, there are concerns about how it will be distributed in large enough quantities to bring the pandemic to a standstill.

From ZH…a letter to our fearless leader: (I guess it copies strangely to keep us from copying it…beats me…)

President Donald J. Trump

The White House 1600 Pennsylvania Avenue, NW

Washington, D.C. 2050

May 19, 2020

Dear Mr. President: Thousands of physicians in all specialties and from all States would like to express our gratitude for your leadership. We write to you today to express our alarm over the exponentially growing negative health consequences of the national shutdown. In medical terms, the shutdown was a mass casualty incident. During a mass casualty incident, victims are immediately triaged to black, red, yellow, or green. The first group, triage level black, includes those who require too many resources to save during a mass crisis. The red group has severe injuries that are survivable with treatment, the yellow group has serious injuries that are not immediately life threatening, and the green group has minor injuries. The red group receives highest priority. The next priority is to ensure that the other two groups do not deteriorate a level. Decades of research have shown that by strictly following this algorithm, we save the maximum number of lives. Millions of Americans are already at triage level red. These include 150,000 Americans per month who would have had a new cancer detected through routine
screening that hasn’t
happened, millions who have missed routine dental care to fix problems strongly linked to heart disease/death, and preventable cases of stroke, heart attack, and child abuse. Suicide hotline phone calls have increased 600%. Tens of millions are at triage level yellow. Liquor sales have increased 300-600%, cigarettes sales have increased, rent has gone unpaid, family relationships have become frayed, and millions of well-child check-ups have been missed. Hundreds of millions are at triage level green. These are people who currently are solvent, but at risk should economic conditions worsen. Poverty and financial uncertainty is closely linked to poor health. A continued shutdown means hundreds of millions of Americans will downgrade a level. The following are real examples from our practices. Patient E.S. is a mother with two children whose office job was reduced to part-time and whose husband was furloughed. The father is drinking more, the mother is depressed and not managing her diabetes well, and the children are barely doing any schoolwork. Patient A.F. has chronic but previously stable health conditions. Her elective hip

replacement was delayed, which caused her to become nearly sedentary, resulting in a pulmonary embolism in April. Patient R.T. is an elderly nursing home patient, who had a small stroke in early March but was expected to make a nearly complete recovery. Since the shutdown, he has had no physical or speech therapy, and no visitors. He has lost weight, and is deteriorating rather than making progress. Patient S.O. is a college freshman who cannot return to normal life, school, and friendships. He risks depression, alcohol abuse, drug abuse, trauma, and future financial uncertainty. We are alarmed at what appears to be the lack of consideration for the future health of our patients. The downstream health effects of deteriorating a level are being massively under-estimated and under-reported. This is an order of magnitude error. It is impossible to overstate the short, medium, and long-term harm
to people’s
health with a continued shutdown. Losing a job is
one of life’s m
ost stressful events, and the effect on a
person’s
health is not lessened because it also has happened to 30 million other people. Keeping schools and universities closed is incalculably detrimental for children, teenagers, and young adults for decades to come. The millions of casualties of a continued shutdown will be hiding in plain sight, but they will be called alcoholism, homelessness, suicide, heart attack, stroke, or kidney failure. In youths it will be called financial instability, unemployment, despair, drug addiction, unplanned pregnancies, poverty, and abuse. Because the harm is diffuse, there are those who hold that it does not exist. We, the undersigned, know otherwise. Please let us know if we may be of assistance. Respectfully, Simone Gold, M.D., J.D. & >500 physicians (attached)
Simone Gold, M.D., J.D.

I knew about the MONSANTO – Bayer connection to Bill Gates. I did not know there was another huge connection between Starbucks, Bain Capitol and Microsoft that also includes a connection to all the Boston area pro sports teams. I also did not know about Dick Cheney’s connection to Bain Capitol. This video is quite good. check it outhttps://www.youtube.com/watch?v=dX9O3Yi-Nn0&feature=youtu.be

The powers-that-be are probably disappointed by the mild death rate of Covid 19 which has forced them to fake it’s severity. There will surely be more fakes, and perhaps another bio weapon released. This is certainly not the end of it.

It seems to me that there is little that can be done to stop this culling of the herd by the powers-that-be (bankers, et. al.).

Why can we not have leaders of this nature…..telling it like it is. He’s certain that when the Brazilians are armed, they will go to the streets and stop the bullcrap that is going on. And yet, Americans, as armed as we are, will NOT. It would baffle the average mind, except to understand we are the most manipulated population on earth…..sitting, waiting for supposed heroes like our reality show president Trump to save us from the bad men…..

WHEN WE SHOULD BE SAVING OURSELVES.
We are the man on the white horse.
We are the caped crusader.
We are the man fighting for truth, justice and the American way.
We are the avengers.
We are our own saviors.

Bolsonaro issued legislation to give guns to the Brazilian people to avoid COVID tyranny
Bolsonaro has come right out and stated that the Brazilian people must be armed to stop a communist takeover and is attempting to push through legislation to make it happen. He called it like it is – that this entire outbreak scenario is part of a communist takeover and the only thing that can stop it is an armed populace.

Watch this. It is one of the most important meetings ever held by a national leader.

“Character is what you do when no one is looking.”

Jair Bolsonaro goes off about Governors and Mayors having citizens arrested and says the obvious: A well armed people can’t be enslaved by tyrants.

That just made us sure that we chose right. @BasedPoland pic.twitter.com/TNqZfksu5t
— Rafael Glau (de��鏝�) (@RafsGlau) May 23, 2020

Let’s not pretend like JP Morgan isn’t part of the problem. We see this all the time. Now everyone is sharing their study like JP Morgan is our friend when JP Morgan is a big “too big to fail” globalist new world order Bilderberg whatever you want to call them bank and are part of the problem. With that said they’re right. What’s happened is they just stole 2.7 trillion from us. 2.7 trillion divided by 328 million which is the population of the US works out to be about 8 grand per man, woman and child. They then handed out $1200 to some of them and we are supposed to feel good. Stealing $6800. It was brilliant. Expect another “pandemic” in 10 years or so. Guaranteed. If the stimulus total goes to 5.7 trillion that’s over $17,000 per man, woman and child. For a virus that’s killed less than pneumonia same period according to the CDCs own website. Forget bombs and missiles. Want to destroy a country? Develop a virus.

Virtually nothing in America’s top-down financial and political realms is actually transparent, accountable, authentic or honest. Everything in these realms is a simulated, completely self-serving projection intended to fool us–The Big Con.

The Savior State’s promises to maintain your private status quo regardless of reality are false promises, delusions based on the Big Con that we can create trillions of dollars out of thin air and give them to the top .01%, and this will magically prompt an unsustainable system to keep issuing false signals of stability.

…and my absolute favorite:

In re-inventing themselves via opting out, Americans will have to learn to contribute productively to small, localized beach-heads of trust, transparency and accountability that function on the local level in an anti-fragile fashion, meaning that they actually improve and get stronger as the top-down Big Con collapses under the weight of its own lies, frauds and corruption.

Scenes from rural Colorado’s insane paranoia. I just spent 5 days in Marble, Colorado living without cell phone, internet, running water or heat in a primitive structure built by hippies in the late sixties. The construction quality was one notch above a kid’s tree fort. And yet my pal Mavrik loved it – living a Bohemian lifestyle and telemark skiing 3,000 foot drops in any given direction. The view was killer and the quiet – awe inspiring. Just the walk from the car was more of a workout than most people got during this insanity called the lock down. Parts of Colorado are still in the twilight zone as I drove past a sign at the Gunnison County border that read “all non-essential travel illegal”. No one camping anywhere, nobody fishing the gorgeous Crystal River. Wait there’s a group of cars at the pull-out. And there’s the Sheriff shoe-ing them away. Then he caught up with me and followed me closely for the next 10 miles until I reached the Garfield County line, then he turned around. I bet he was just dying for me to stop and dare to go fishing with an Eagle County license plate.

Memorial Day Weekend is usually teaming with activity in Glenwood Springs, but there are few signs of life. The world famous Hot Springs would normally be packed; Ghost Town. This was the first town I know of to go totally insane with mask wearing before anywhere else. The Town Council put the iron boot down with $1,000 fines for not wearing a slave muzzle. As I drove past Doc Holiday’s Bar, I pictured him spinning in his grave. I think the best way to describe the mask wearing cult is installing a chain link fence to keep out mosquitos.

I drove up to the shuttered marble quarry and was gleefully traveling non-essentially, breakin’ the law, breaking the law! As I returned to town I noticed my tire was flat as a board. I got out to change it and a man driving a black Harley in full body black leather stopped to see if I was all right. As I walked over to him, he put up the stop sign and said don’t come any closer! Really? I was 15 feet away. The most dangerous virus is a permanent sense of paranoia.

I just happened to be stranded in front of the Marble Gallery. I say stranded because the spare was rusted in place and would not come down from the under carriage. I was mystified on how to set it free. Just then a white haired bear of a man named Rex stopped to inquire if I need help. His fingers had the girth of bratwurst and he was missing the pointer on his right hand. He turned out to be a marble carver and was driving the Mercury version of my Explorer. He had the solution and showed me a hidden hole near the tail gate were the jack handle inserts to lower the spare tire. What a miracle he just happened by. The tire was a brand new, never used on a rim that had more rust than metal. Likely the first time in 22 years it had ever seen the light of day. Then the bottle jack failed to raise the car to a point the spare could be installed. Rex found a a chunk of wood just the right size to make up the difference, He helped me set the Guinness Book of Records for the longest tire change in history. Rex said his internationally known marble carving class was canceled for the first time in 32 years. The latest casualty of the Scam-Demic. I said thank you sir, thanks so much and held out my hand. He said “I guess we aren’t social distancing”. I said “fuck that, I owe you a 12 pack at the very least”.

Wonderful story, Dk…a simple life is not to be marginalized. I spent three years in a motor home outside Charlottesville with an outrageous view of the Blue Ridge…no electric, no running water no TEE VEE and sure as hell, no cell! By far, the greatest experience of my life. Did a bear ____ in the woods? Darn right…and I was right there with them. That Bozo on his Harley should be ashamed of himself…big Harley brute afraid of a non-existent germ…pitiful. 12 pack, hell…I would buy that man a meal if any restaurant was open, eh?

When I see these burley construction workers walking around Lowes or Home Depot in a mask, I want to hit them upside their thick skulls.

Thanks Will. Happy Memorial Day to you and yours. I would like to see all the regulars here give us a status report on where they live and what’s happening there. The purified insanity and arbitrary, capricious measures in Colorado at the state and local level show tyranny I thought would only come at the federal level. Some of the local level insanity is worse than the state. For instance, standing in line at Wal-Mart = fine. A realtor showing a house prohibited. Liquor and weed stores are essential, gyms and libraries not! That’s the biggest level of insanity.